Kofax will use Kapow’s solution in conjunction with its own agile Big Data platform to provide easier access to “quantities of data that were not accessible before.”

This is the second acquisition this year for Kofax, which acquired BI and analytics vendor Altosoft in March for $13.5 million.

Learn How to Build Your Own Data Science Program

The Web seminar, “Building the Data Science Team,” will be held Monday, August 12, at 12 p.m. ET/9 a.m. PT. You’ve heard about the invaluable data scientist, but early adopters have learned it’s not one data scientist that leads to analytics success; what works best is a data science team.

On a related note, the Bloor Group has made last week’s webinar on “Introduction and Fundamentals of Data Science” available as a free download. Practicing scientist, Dr. Geoffrey Malafsky, founder of the PSIKORS Foundation and former nano technologist, explains what data science entails and how it differs from just data analytics, data management, business intelligence, and other data related fields.

The hour-long program includes a discussion of how to design a roadmap for data science, as well as an outline on how you can achieve quick wins with a data science program.